Getting to know Iran’s petrochemical holdings; this is Parsian Oil and Gas

Getting to know Iran’s petrochemical holdings; this is Parsian Oil and Gas

Parsian Oil and Gas Petrochemical Holding is one of the major players in the country's petrochemical industry, which, with about 20 percent of Iran's production capacity and complexes such as Pardis and Zagros, has earned the title of the country's largest urea producer and one of the most important methanol producers in the Middle East.

$700 million in gasoline savings by expanding ridesharing

$700 million in gasoline savings by expanding ridesharing

Hossein Mirafazli, an energy expert, says: If only 10 percent of intracity trips are shared, about two million liters of gasoline will be saved daily, which is equivalent to more than $700 million in annual savings for the Iranian economy.

Getting to know Iran’s petrochemical holdings; this is Petroculture’s episode

Getting to know Iran’s petrochemical holdings; this is Petroculture’s episode

Petrofarhang Holding, the economic arm of the Farhangian Reserve Fund, has been able to consolidate its position as one of the main players in Iran's petrochemical industry in recent years, focusing on methanol production and developing petrochemical projects, and has emerged from losses with significant growth in production and profitability.

Breaking News

Oil production in South Azadegan field increases by 8,500 barrels

Oil production in South Azadegan field increases by 8,500 barrels

The CEO of Arvandan Oil and Gas Company said: In the South Azadegan field, a plan was implemented to separate low-pressure wells from high-pressure wells and improve the flow conditions of oil pipelines to optimize and increase production, which led to an increase in production in this field of 8,500,000 barrels.
National drilling and oil cooperation in the central regions with 8 active rigs

National drilling and oil cooperation in the central regions with 8 active rigs

The Deputy Managing Director of the National Iranian Drilling Company for Drilling Projects said: "The National Iranian Drilling Company, by allocating and deploying eight heavy onshore drilling rigs in five provinces of the country, within the framework of cooperation with the Central Iranian Oil Company, is actively participating in the drilling and completion of oil and gas wells and increasing the volume of gas production in the country."
Sharif University localizes spiral pipes for the oil industry

Sharif University localizes spiral pipes for the oil industry

Researchers at Sharif University of Technology have successfully designed and built an indigenous “spiral tubing” system, a high-tech device that was previously imported from abroad. The system is capable of placing tubing up to 6 kilometers deep into oil wells to perform complex operations such as acidizing and well maintenance.
Getting to know Iran’s petrochemical holdings; this is Parsian Oil and Gas

Getting to know Iran’s petrochemical holdings; this is Parsian Oil and Gas

Parsian Oil and Gas Petrochemical Holding is one of the major players in the country's petrochemical industry, which, with about 20 percent of Iran's production capacity and complexes such as Pardis and Zagros, has earned the title of the country's largest urea producer and one of the most important methanol producers in the Middle East.
Seventh Development Plan; Iran’s ambitious oil and gas roadmap

Seventh Development Plan; Iran’s ambitious oil and gas roadmap

More than a year has passed since the announcement of the Seventh Development Plan; a five-year plan that, by considering major goals such as "increasing production capacity to 4.8 million barrels per day," "increasing petrochemical production to more than 131 million tons per year," and "increasing annual gas exports to more than 40 billion cubic meters," has set a challenging path in the oil and gas sector.
Oil Minister: Oil and gas sector grows 6.2% despite lack of financial resources

Oil Minister: Oil and gas sector grows 6.2% despite lack of financial resources

The Minister of Oil stated: "According to expert estimates, achieving the goals of the Seventh Plan requires the provision of approximately $190 billion in financial resources. In the first year, the cash flow and provision of these resources was projected to be $27 billion, of which only $5.5 billion, equivalent to 22 percent, was provided."